Daily Current Affairs – 14 September, 2022

In News  The price of natural rubber (NR) has crashed to a 16-month low of ?150 per kg (RSS grade 4) in the Indian market. The current fall in prices is attributed primarily to a weak Chinese demand and the European energy crisis, along with high inflation and an import glut, among other things About […]

In News  Recently, the Ministry of Finance defended the windfall tax imposed by the Centre on domestic crude oil producers, saying that it was not an ad hoc move but was done after full consultation with the industry. About Windfall tax It was introduced in 2022. Windfall taxes are designed to tax the profits a […]

In News  The Indian Biogas Association has recommended setting up testing labs in all States in the next two years to achieve the Sustainable Alternative Towards Affordable Transportation (SATAT) target, which aims to establish 5,000 compressed biogas (CBG) plants by 2025. About ‘SATAT’  ‘SATAT’ (Sustainable Alternative Towards Affordable Transportation) scheme on Compressed Biogas (CBG) was […]

In Context The recently-released Malayalam film Pathonpatham Noottandu (‘Nineteenth Century’) is based on the life of Arattupuzha Velayudha Panicker. Arattupuzha Velayudha Panicker About:  He was a social reformer from the Ezhava community in Kerala who lived in the 19th century. He was born into a well-off family of merchants in Kerala’s Alappuzha district. He was […]

In News Recently, the Centre for Monitoring the Indian Economy (CMIE) released data stating that India’s unemployment rate in August 2022 rose to 8.3%. Key Findings Highest Unemployment Rate:  This is the highest unemployment rate in the past 12 months. In August 2021, the unemployment rate was 8.35%. Unemployment rate in rural and urban areas: […]

In News Recently, the Election Commission ordered the delisting of 86 registered unrecognised political parties it found to be “non-existent” and declared 253 others “inactive”. Key Findings Reason given for delisting:  These 253 parties have been declared inactive, as they have not responded to the letter/notice delivered to them and have not contested a single […]

In News Recently the report “Why India Needs to Urgently Invest in its Patent Ecosystem?” was released by the Economic Advisory Council to the Prime Minister (EAC-PM). Report Highlights About: The report underlines the significance of a robust patent system for a knowledge economy and for the promotion of technological innovations.  Share of Indians in […]

In News Recently, Supreme Court quashed a plea against Gadgil, Kasturirangan reports. More about the news PIL: Public interest litigation (PIL) had challenged the Madhav Gadgil and K Kasturirangan Committees demarcating an area of 56,825 square kilometres spread across six states as the Western Ghats Ecologically Sensitive Area (ESA). The six states are Gujarat, Maharashtra, […]

In Context Recently, the 2nd anniversary of PMMSY has been celebrated. Pradhan Mantri Matsya Sampada Yojana (PMMSY) About: It is a flagship scheme for focused and sustainable development of the fisheries sector in the country with an estimated investment of ?20,050 crore for its implementation during 2020-21 to 2024-25 as part of Aatmanirbhar Bharat package. […]